Is North New Hyde Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North New Hyde Park was a Neutral Market.
Key Takeaway
North New Hyde Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North New Hyde Park, NY
How much do homes in North New Hyde Park, NY cost?
Median Sold Price
$800,000
$541/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North New Hyde Park have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in North New Hyde Park was $800,000 in April 2024, up 4.6% from last year, and the median price per square foot was $541.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379.9K | - | N/A |
| 2 Bedrooms | $560K | $652.5K | +16.5% |
| 3 Bedrooms | $740K | $750K | +1.4% |
| 4 Bedrooms | $780K | $810K | +3.8% |
| 5+ Bedrooms | $880K | $927K | +5.3% |
Summary: North New Hyde Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Neighborhoods
| North New Hyde Park | $765K | $800K | +4.6% |
| Garden City Park | $775K | $800K | +3.2% |
| Manhasset Hills | $1.2M | $1.3M | +2.4% |
| Floral Park | $755K | $760K | +0.7% |
| Glen Oaks | $379K | $341K | -10.0% |
Housing Supply in North New Hyde Park, NY
How many homes are available in North New Hyde Park, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Summary: The North New Hyde Park real estate market had 36 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 9 | 16 | +77.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The North New Hyde Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 77.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North New Hyde Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in North New Hyde Park in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for North New Hyde Park, NY
How long does it take to sell a home in North New Hyde Park, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 101 Days | 8 Days | -92.1% |
Summary: Homes in North New Hyde Park had an average of 8 days on market in Apr 2024, down by 92.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North New Hyde Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in North New Hyde Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.